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  2. List of special economic zones in India - Wikipedia

    en.wikipedia.org/wiki/List_of_special_economic...

    A special economic zone (SEZ) is a geographical region that has economic laws that are more liberal than a country's domestic economic laws. India has specific laws for its SEZs. India was one of the first countries in Asia to recognize the effectiveness of the Export Processing Zone (EPZ) model in promoting exports, with Asia's first EPZ set ...

  3. New Tax Regime - Wikipedia

    en.wikipedia.org/wiki/New_Tax_Regime

    The New Tax Regime is a scheme of Income tax in India first proposed in Union Budget 2020–21. [1] Subsequent Budget of FY2021-22 did not see any major announcements in this regime. [ 2 ] During the Budget 2022–23, reports emerged that New Tax Regime was getting poor response [ 3 ] and Government is considering to make it more attractive ...

  4. Special economic zone - Wikipedia

    en.wikipedia.org/wiki/Special_Economic_Zone

    A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country.SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration.

  5. Tax policy committee finalizes bill recommendations for 2025

    www.aol.com/tax-policy-committee-finalizes-bill...

    Bill B, or the Senior Housing Income Tax Credit Extension:For tax years 2025 and 2026, the bill would extend a refundable income tax credit for senior taxpayers over the age of 65 with incomes up ...

  6. Pros and Cons of Living In a State Without Income Tax - AOL

    www.aol.com/pros-cons-living-state-no-130015299.html

    As of 2023, just nine states don’t impose any additional income tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming.

  7. List of special economic zones - Wikipedia

    en.wikipedia.org/wiki/List_of_special_economic_zones

    The Canary Islands Special Zone is a special tax regime included in the Canary Islands Economic and Tax Regime providing for a reduced 4% Corporate Income Tax, exemption on dividends, interests and capital gains, exemption on VAT and exemption on transfer duties. A large list of activities qualify for applying for the special regime (main ...

  8. Urban enterprise zone - Wikipedia

    en.wikipedia.org/wiki/Urban_Enterprise_Zone

    Urban enterprise zone policies generally offer tax concessions, infrastructure incentives, and reduced regulations to attract investments and private companies into the zones. They are a type of special economic zone where companies can locate free of certain local, state, and federal taxes and restrictions. Urban enterprise zones are intended ...

  9. Income tax in India - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_India

    The act, which became effective on 1 April 1962, replaced the Indian Income Tax Act, 1922. Current income-tax law is governed by the 1961 act, which has 298 sections and four schedules. [9] The Direct Taxes Code Bill was sponsored in Parliament on 30 August 2010 by the finance minister to replace the Income Tax Act, 1961 and the Wealth Tax Act ...

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